Global stocks muted on 1st day of Q4 earnings season as Trump DOJ opens criminal investigation into Fed’s Powell

Stock futures dropped hard after Trump’s DOJ launched a criminal probe into Fed Chair Jerome Powell. Powell finally fired back after a year of silence, saying the probe is punishment for not obeying Trump’s preferences.

Financial Market Impact - January 2026

Gold Performance: Smashed past $4,600/oz
Silver Performance: Exploded to $84/oz
Fed Policy: Expected to hold rates steady on January 28th
Asset Trend: Panic-buying of precious metals amid institutional chaos

Institutional Conflict and Market Volatility

The unprecedented legal move against the Federal Reserve Chair has sent shockwaves through the financial system. Traders have increasingly moved toward safe-haven assets as concerns grow over the independence of U.S. monetary policy and the stability of traditional institutions.